P S 89 Parents and Teachers Association Inc

Analysis

P S 89 Parents and Teachers Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, P S 89 Parents and Teachers Association Inc reported income of $233k and spending of $255k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $339k to $233k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, P S 89 Parents and Teachers Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include National Christian School Association ($233k), North Gwinnett High School Orchestra Association Inc ($233k) and Florida Tax Education Foundation Inc ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. At year end it held assets of $452k against liabilities of $0, net assets of $452k.